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. they're opposed to iraq. lastly saddam hussein was a stable regime and it hadn't in recent years been aggressive. but nonetheless, if you're sitting in london or paris, you're thinking, oh, my god, another intervention at a time when our military is losing strength, not gaining strength. >> exactly. and it's interesting to see the u.s. response being very cautious. we'll hear from the president on monday whether he makes a big policy statement on this, perhaps unlikely. but for the bridge stickersel here and to go back to david cameron, wa kind of pressure is on him to formulate a response here? not only in this event, but for the next round of activity to unfold. >> it's a very fast-moving situation. i think their first response was to try to be supportive to -- not too supportive, send a couple of planes, send our own troops. however, if a lot of troops have been killed in the algerian situation, if the mali thing gets out of hand, there may be pressure to rachet up the response. president obama's response is incredibly important. all of the signals we've been getting from the white
's the most important thing and that's really signaling a chance for the market. >> lastly, to look at the two types of paper which are up for auction today, we have a two-year zero coupon bond looking to raise 3.4 billion of bonds. from there, inflation linked paper. interesting that you have a zero coupon on the one hand and an inflation linked bond on the other. how important are these to italy for the year? >> well, i mean, they are important. they diversify their spending plans and needs a little bit. and, obviously, at this point, the link up market can help liquidity. the send is that they are willing and able to issue more in the markets. overall, this is not, you know, the big numbers in the overall issuance that italy has to do for the year as a whole. so in that sense, i would emphasize the two as being really, really very important. >> i still wonder about long-term the validation of these inflation links. valentine, we'll get into that discussion another time. we'll get the results from that debt auction at about 10:10. so in just about 30 minutes time we'll bring this to you as s
korean shares. i.t. stocks and development ralliers pushed higher .4%. lastly, india's sensex in action, trading a touch below the line. back to you. >> all right. thanks, catch you later. >>> as we head to break, you should head over to our web site to find out why a number of economists believe tomorrow's ecb rate-setting meeting could mark a key moment in the evolution of the eurozone debt crisis. >>> and forget alcoa in the u.s. earnings season. watch out for europe's corporate performance. more on that story. >>> also, go to cnbc.com for the latest on the online hacking of u.s. banks and why the u.s. government thinks iran is behind it all. >>> keep your eyes that. still to come, ubs executives due to testify before the british parliament today on the libel scandal. we'll have a preview when we come back. what are you doing? nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in t
a great connection the. >> sorry, bill. we apologize for all the issues. i lastly wanted to ask you about banker pay. compensation is in focus here. does it need to be reformed? if so, how? >> i think i heard you talking about compensation and the fact that we are not regulating it properly. and it's still too high. i don't know that i agree w that. i think we have made significant reforms in the way executives are compensated. sitting on the board of a bank, i can tell you that the directors are very much involved as are the regulators in terms of how the campaign plan operates and try to get some of the incentives for risk taking out of that system, fallbacks and things like that. so i think that we have reformed the compensation system. >> okay. we'll leave it there in part because of our technical troubles. bill isaac is head of global financial institutions. we're going to try to work on that connection, bill, and come back to you in just a couple of minutes. >> yeah. we'll try and fix it. and as the dreamliner joins us with a virtual nightmare, phil lebeau joins us right after this
Search Results 0 to 3 of about 4